Commodities snapshot (precious & industrial)

Metal pack is mixed today. Performance this week at a glance in chart & table -

Gold -

• Gold is rising steadily as equities slide. Today's range $1164-1183
• Gold is currently trading at $1182/troy ounce. Immediate support lies at $1120, $1142 and resistance at $1180, $1195 area.
• Active call - target for gold reached at $1140, next target $1230.

Silver -

• Silver dropped in line with gold. Today's range $14.87-15.1
• Silver is currently trading at $15.01/troy ounce. Support lies at $14.1 & resistance at $16

Copper -

• Copper is down as Dollar rose and risk aversion returned over China's FX reserve depletion. Today's range $2.07-2.11
• Longer term Call - Sell Copper targeting $1.85/pound.
• Copper is currently trading at $2.07/pound, immediate support lies at, $2.03 & resistance at $2.15